What are the features of a typical SAO savings account?
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nro sao
- Can I open a trading account with a foreign broker to invest in Indian markets as an NRI?
- Can I invest in Treasury Bills through my NRO account?
- Can I avail a loan against my NRO fixed deposit? Can I avail a loan against my SAO fixed deposit?
- What are the regulations regarding the use of UPI by NRIs?
- Can I open a fixed deposit account under NRO? Can I open a fixed deposit account under SAO?
- What are the eligibility criteria for NRIs to obtain loans in India? What types of loans are typically available to NRIs in India?
- How does the concept of "deemed to accrue or arise in India" apply to income credited to NRO/SAO accounts? What are the rules for determining the source of income for taxation of NRO/SAO account holders?
- What are the charges levied by custodians for NRI investments? Can I use my NRO/SAO account to pay for services received in India?
- Where can I find FAQs about NRO and SAO accounts? How often are the regulations for NRO and SAO accounts updated?
- Are there any restrictions on the types of securities NRIs can trade in India? What are the reporting requirements for NRIs trading in Indian stock markets?
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